Preston, TX housing market
Homes typically sell in 105 days, below asking.
Home values, sales, trends and how Preston compares with the towns next door — updated as new data is published.
Preston at a glance
A buyer's market
More homes are for sale than are selling — about 8 months of supply. Buyers have room to negotiate.
Home prices up 63% in 5 years
The federal house price index for the ZIP code around Preston rose 63% over the past 5 years, faster than across Texas (43%). Last year prices fell 1.3%. Carrying the Census median home value forward with that index puts the typical Preston home at roughly $326,000 today.
Show as a table
| Year | Change that year | Since 2000 | Texas since 2000 |
|---|---|---|---|
| 2025 | −1.3% | +216% | +195% |
| 2024 | +5.6% | +221% | +193% |
| 2023 | +6.6% | +204% | +186% |
| 2022 | +29% | +185% | +174% |
| 2021 | +14% | +122% | +132% |
| 2020 | +3.8% | +94% | +106% |
| 2019 | +4.7% | +87% | +99% |
| 2018 | +9.3% | +79% | +91% |
| 2017 | +7.1% | +64% | +80% |
| 2016 | +3.3% | +53% | +68% |
| 2015 | +2.9% | +48% | +57% |
| 2014 | +8% | +44% | +47% |
| 2013 | +4% | +33% | +37% |
| 2012 | −1.4% | +28% | +31% |
| 2011 | +5% | +30% | +30% |
| 2010 | −4.2% | +23% | +32% |
| 2009 | +1.2% | +29% | +34% |
| 2008 | −0.9% | +27% | +34% |
| 2007 | +3.7% | +28% | +32% |
| 2006 | +5.5% | +24% | +26% |
| 2005 | +6.1% | +17% | +19% |
| 2004 | −0.1% | +11% | +14% |
| 2003 | +1.7% | +11% | +11% |
| 2002 | +5.7% | +8.9% | +9.2% |
| 2001 | +3.1% | +3.1% | +5.9% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 75076, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
2.8 years of income
The typical Preston home costs about 2.8 years of the town's median household income, less than across Texas (3.8 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,650
HUD's Fair Market Rent for a two-bedroom in Preston is $1,650 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Preston pay a median of $1,289, so moving in tends to cost more than staying put. A two-bedroom takes about 30% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,330 · 4 bedrooms $2,630
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (75076; Sherman-Denison, TX MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.